What risk technique is used to quantify the probability and impact of risks on project objectives?

Question

Options

• AExpert judgment
• BRisk registry
• CRisk response planning
• DInterviewing

• A
  3% (1)
• B
  9% (3)
• C
  6% (2)
• D
  83% (29)

Explanation

Interviewing is a data-gathering technique used in both qualitative and quantitative risk analysis, where project managers interview experienced stakeholders, subject matter experts, and project participants to elicit estimates of probability and impact for identified risks - directly quantifying risk exposure on project objectives.

• A (Expert judgment) is a supporting input or technique used broadly across many project processes, but it is not the specific named technique for gathering probability and impact data; it describes who you consult, not the method itself.
• B (Risk registry/register) is a project document - an output that records identified risks, not a technique used to analyze them.
• C (Risk response planning) is a subsequent process that develops strategies to address risks after they've been analyzed; it doesn't quantify probability or impact.

Memory tip: Think "Interview to Identify Impact" - the three I's. When you need numbers (probability %, impact scale), you go directly to the source and ask people via structured interviews. The risk register holds the results; the interview collects them.

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